Preferred Warranties Names Marley VP of Sales
Allison Marley has joined Preferred Warranties Inc. as the KAR Auction Services division’s new vice president of sales.
Allison Marley has joined Preferred Warranties Inc. as the KAR Auction Services division’s new vice president of sales.
Gov. Greg Abbott has signed a bill that clears the way for Berkshire Hathaway Inc. to sell cars in Texas while manufacturing RVs in Indiana, resolving an ongoing dispute between Berkshire Hathaway Automotive and the Texas DMV.
Tony Markese steps into a newly created strategic leadership role designed to strengthen operations and reconditioning processes to meet growth in the emerging fleet and mobility sectors.
Black Book and Drivably have partnered to pair the former’s data and analytics expertise with the latter’s AI and machine learning platform to enhance dealer inventory acquisition recommendations.
Cox Automotive analysts say U.S. dealers reported strong traffic and profits but have remained largely pessimistic in their view of the auto retail market in the second quarter.
Despite headwinds threatening dealership profitability, Kerrigan Advisors’ first-quarter report indicates 2019 is trending toward another 200-plus transaction year for the auto retail buy/sell market.
Radiant Ride’s new SMART cosmetic service agreement program was designed to drive service and sales retention while offering customers a high-value interior and exterior protection product.
Black Book’s Used Vehicle Retention Index registered its first monthly gain of the year, ticking up to 114.4 in May. But analysts warn waning demand could follow a strong end to the spring selling season.
Fiat Chrysler has backed out of a proposed merger with Renault, blaming ‘political conditions’ in France, whose government owns a 15% share of Renault. A week ago, the companies were poised to form the world’s third-largest automaker.
More consumers in the prime and superprime credit tiers opted for used vehicles as concerns around affordability grew in the first quarter, according to the latest report from Experian.
Protective Asset Protection analysts say GAP claim payouts rose by 19.5% for new vehicles and an astounding 95% for used vehicles between 2014 and 2018.
Renova Energy announced the installation of a SunPower Helix Dual Tilt solar system at Southern California’s Porsche of Palm Springs, a new LEED-certified dealership.
Group 1 Automotive has launched AcceleRide, a fully online buying process that includes vehicle configuration, trade-in valuation, and financing options, at 79 U.S. dealerships.
Manheim has launched its first 100% digital auction at its Tucson location, a move designed to provide a safe, comfortable, and technologically advanced setting for buyers and sellers.
Kelley Blue Book analysts say a parade of new models helped drive the average price for a new vehicle sold in the U.S. to $37,185 in May, a 3.7% year-over-year increase.
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